Criteria A-Z

As we manually underwrite our mortgages we're much more flexible with our criteria than most. Using our common sense approach (and our ears!) means we can cater for a wide spectrum of solutions for your clients, no matter their circumstances.

Browse criteria by A-Z below or search criteria by keyword to find what you need.

Owner Occupier Criteria

Buy to Let Criteria

Telecommunications Adverse Ignored

Our standard acceptability

Criteria definition:

Indicates if we can potentially ignore telecommunications adverse credit on Buy to Let applications.

Our policy notes:

Family Building Society will not ignore telecommunications adverse.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Tenants: Asylum Seekers

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to Let the property to an Asylum Seeker.

Our policy notes:

Family Building Society will not consider applications where the property will be let to an Asylum seeker

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Tenants: Corporate Lets/Company Lets

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we an potentially consider applications from borrowers that wish to Let the property on a Corporate Let or Company Let

Our policy notes:

Family Building Society will consider properties that are to be Let on a Corporate/Company Let basis.

Last updated:

09 December 2024

Check affordability Contact your BDM Illustration request

Tenants: DSS/Housing Benefit

Our standard acceptability

Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to Let the property to DSS/Housing Benefit tenants

Our policy notes:

Family Building Society can potentially accept DSS/Housing benefit tenants.

Last updated:

06 November 2020

Check affordability Contact your BDM Illustration request

Tenants: Housing Association Lets

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to Let the property to Housing Association tenants.

Our policy notes:

Family Building Society does not accept Housing Association tenants.

Last updated:

22 May 2018

Check affordability Contact your BDM Illustration request

Tenants: Letting whole property via AirBnB

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to Let the entire property via services such as AirBnB and similar.

Our policy notes:

Family Building Society does not lend on properties that are intended to be Let as a 'Holiday Let'

Last updated:

31 January 2018

Check affordability Contact your BDM Illustration request

Tenants: Multiple Tenancies

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to have multiple tenancies on a Buy to Let property.

Our policy notes:

Family Building Society will not consider a Buy to Let application with multiple tenancies

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Tenants: Protected Tenancies

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to Let the property to a tenant who is benefiting from a protected tenancy.

Our policy notes:

Family Building Society will not consider applications where the tenant enjoys a 'Protected Tenancy'.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Tenants: Serviced Properties

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially accept Buy to Let applications on properties that are considered 'Serviced Properties'. These are typically furnished properties that are Let on a short term basis and the rent covers all amenities including the rent.

Our policy notes:

Family Building Society will not consider applications where the property will be Let as a 'Serviced Property'.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Tenants: Student Lets?

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider applications from borrowers that wish to Let the property to students

Our policy notes:

Family Building Society does not allow applicants to Let their Buy to Let property to Students.

Last updated:

22 May 2018

Check affordability Contact your BDM Illustration request

Tenants: Third Party/Company (where the third party/company is Sub-Letting the property)

Our standard acceptability

Not Acceptable

Criteria definition:

Indicates if we can potentially consider Buy to Let applications where the tenant will be (or is) a third party who pays a rent to the applicant and acts as the primary tenant but Sub-Lets the property. This is sometimes referred to as 'Rent to Rent'.

Our policy notes:

Family Building Society will not consider applications where the property will be Let to a third party who will in turn Sublet the property.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Transitional Arrangements Offered

Our standard acceptability

Criteria definition:

Indicates if we can potentially offer Buy to Let mortgages on a transitional arrangement as defined by the FCA under MCOB 11.8

Our policy notes:

Family Building Society does not offer Buy to Let mortgages on a transitional arrangement basis.

Last updated:

07 November 2019

Check affordability Contact your BDM Illustration request

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

Find Your Local

Business Development Manager

Your Local BDM:

Sam Morrison

Working out of our head office, as our phone-based BDM in Epsom, Sam has a wealth of knowledge regarding our processes and criteria and covers a variety of postcodes across the UK.

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Your Local BDM:

Neil Cadwallader

Neil has over 19 years experience in Financial Services from pensions and investments to mortgages. Neil focuses around South Wales and the West of England area. Contact Neil for help with your clients' mortgages.

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Your Local BDM:

Stuart Heavens

Stuart focuses on the South Coast area. Contact Stuart for help with your clients' mortgages.

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Your Local BDM:

Amar Mashru

Amar focuses on the Central London area. Contact Amar for help with your clients' mortgages.

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Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.

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Your Local BDM:

Nathan Waller

Nathan, previously a mortgage broker, focuses on Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.

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Your Local BDM:

Grace Bennett

Grace focuses around the West M25 area. Contact Grace for help with your clients' mortgages.

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Your Local BDM:

Darren Deacon

Darren has over 28 years' Financial Services experience and focuses on both the East and West Midlands as well as the Southwest. Contact Darren for help with your clients' mortgages.

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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire and the North East. Contact Paul for help with your clients' mortgages.

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We do not currently have a BDM covering your area. Please contact our Mortgage Helpdesk:

Opening hours: Monday - Friday: 9am - 5.30pm. Saturday: Closed

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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